Opendoor Technologies (OPENZ) Cost of Revenue (2019 - 2026)
Opendoor Technologies (OPENZ) reported Cost of Revenue of $70.0 million for Q1 2026, down 28.57% on a YoY basis from $98.0 million in Q1 2025, and up 16.67% quarter-over-quarter from $60.0 million in Q4 2025.
Opendoor Technologies (OPENZ) Cost of Revenue (2019 - 2026) Analysis & Trends
Opendoor Technologies has reported Cost of Revenue for 8 years, with the latest figure at $70.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 28.57% year-over-year to $70.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (down 58.88% YoY), and the FY2025 full-year result was $310.0 million, down 93.43% from the prior year.
- Cost of Revenue for Q1 2026 stood at $70.0 million, up from $60.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $6.1 billion in Q4 2023, with the low at $60.0 million in Q4 2025.
- Historically, Cost of Revenue has averaged $2.0 billion across 5 years, with a median of $1.3 billion in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 3726.8% — and 2025, when it plunged 98.63%.
- Opendoor Technologies' Cost of Revenue stood at $2.8 billion in 2022, then soared by 117.59% to $6.1 billion in 2023, then fell by 27.5% to $4.4 billion in 2024, then sank by 98.63% to $60.0 million in 2025, then rose by 16.67% to $70.0 million in 2026.
- The last three Cost of Revenue figures came in at $70.0 million (Q1 2026), $60.0 million (Q4 2025), and $849.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | 183.60 |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 8.68 Bn |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 421.00 Mn |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | - |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | 156.88 Mn |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 398.00 Mn |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | 70.00 Mn |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | 2.12 Bn |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | - |
| 10 | Opendoor Technologies | - | - | 72.00 Mn | 70.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.00 Mn |
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 60.00 Mn |
| Dec 31, 2025 | 60.00 Mn |
| Sep 30, 2025 | 849.00 Mn |
| Sep 30, 2025 | 849.00 Mn |
| Jun 30, 2025 | 1.44 Bn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 98.00 Mn |
| Mar 31, 2025 | 98.00 Mn |
| Dec 31, 2024 | 4.40 Bn |
| Dec 31, 2024 | 4.40 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 116.00 Mn |
| Jun 30, 2024 | 116.00 Mn |
| Mar 31, 2024 | 113.00 Mn |
| Mar 31, 2024 | 113.00 Mn |
| Dec 31, 2023 | 6.06 Bn |
| Dec 31, 2023 | 6.06 Bn |